Chicago Mercantile Exchange
The Chicago Mercantile Exchange (CME), part of the CME Group, is a leading global marketplace headquartered in Chicago, Illinois. Established in 1898, the CME has evolved into a pivotal player in the financial services industry, specialising in derivatives and futures trading across various asset classes, including commodities, interest rates, and foreign exchange. With a rich history marked by significant milestones, the CME has introduced innovative products such as the E-mini futures and options, catering to a diverse range of traders and investors. Its unique electronic trading platform, Globex, enhances accessibility and efficiency, solidifying its position as a market leader. The CME's commitment to transparency and risk management has earned it a reputation for reliability, making it a cornerstone of the global financial landscape.
DitchCarbon Score
How does Chicago Mercantile Exchange's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Chicago Mercantile Exchange's score of 30 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Chicago Mercantile Exchange's reported carbon emissions
In 2023, the Chicago Mercantile Exchange (CME) reported total carbon emissions of approximately 91,479 tonnes CO2e. This figure includes 309 tonnes CO2e from Scope 1 emissions, which primarily arise from direct operations, and about 10,417 tonnes CO2e from Scope 2 emissions, related to purchased electricity. Notably, Scope 3 emissions were significantly higher, totalling around 379,092 tonnes CO2e, encompassing various categories such as capital goods, business travel, and employee commuting. Over the years, CME has demonstrated a commitment to reducing its carbon footprint. In 2022, total emissions were approximately 162,216 tonnes CO2e, indicating a downward trend in emissions from 2021, which were about 166,758 tonnes CO2e. This reduction reflects CME's ongoing efforts to enhance operational efficiency and implement sustainable practices. CME has not publicly set specific reduction targets through initiatives like the Science Based Targets initiative (SBTi) or the Carbon Disclosure Project (CDP). However, the organisation continues to engage in climate-related reporting and has received various scores from CDP, indicating areas for improvement in its climate strategy. Overall, CME's emissions data highlights the importance of ongoing climate commitments and the need for further action to address its substantial Scope 3 emissions, which represent a significant portion of its overall carbon footprint.
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Access structured emissions data, company-specific emission factors, and source documents
Add to project2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 635,690 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 34,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 12,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Chicago Mercantile Exchange is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
